
IPO December 2025 Buzz: The 5 Hottest Issues You Can't Afford to Miss!

The primary market is buzzing! This week sees a mix of established industry leaders and rapidly growing companies launching their Initial Public Offerings (IPOs). We've broken down the essential details you need to know about the upcoming mainboard and SME issues, covering everything from the company's business to its financial health.
1. ICICI Prudential Asset Management Company Limited (ICICIAMC)
| Key Dates | Details |
| IPO Launch/Start Date | December 12, 2025 |
| Last Date to Apply | December 16, 2025 |
About the Company:
ICICI Prudential AMC is one of India's heavyweights, ranking as the second-largest asset manager by quarterly average AUM (Assets Under Management). It operates 143 mutual fund schemes, offering a wide array of investment options.
Issue Size and Type:
This is a mega-issue, aggregating up to ₹10,603 crore at the upper price band. Crucially, the IPO is entirely an Offer for Sale (OFS), meaning the company will not receive any fresh capital. The entire sale is by its joint venture partner, Prudential Corporation Holdings, which is divesting a 9.9% stake.
Historic Financial Data Check:
The company has a strong financial track record. For the financial year ended March 2025 (FY25), its Profit After Tax (PAT) surged by 29.3% to ₹2,650.7 crore, with revenue growing 32.4%. This demonstrates robust performance and high profitability in the asset management space.
2. Nephrocare Health Services Limited (NEPHROPLUS)
| Key Dates | Details |
| IPO Launch/Start Date | December 10, 2025 |
| Last Date to Apply | December 12, 2025 |
About the Company:
Nephrocare Health Services operates the NephroPlus dialysis network, which is the largest organized dialysis service network in India and one of the largest globally, with 519 clinics as of September 2025. They specialize in dialysis care, including home, mobile, and holiday dialysis, often operating under Public-Private Partnership (PPP) models.
Issue Size and Type: ₹871.05 crore
- Fresh Issue: ₹353.4 crore. The proceeds will be used to open new dialysis clinics and for debt repayment.
- Offer for Sale (OFS): Approximately ₹517.6 crore (1.12 crore shares).
Historic Financial Data Check:
The financials show significant recent improvement. The company recently transitioned into profitability, reporting a net profit of ₹67 crore for FY25, nearly doubling the previous year's profit, with revenue surging by 33.5%. However, it operates in a highly fragmented market.
3. Park Medi World Limited (PARKHOSPS)
| Key Dates | Details |
| IPO Launch/Start Date | December 10, 2025 |
| Last Date to Apply | December 12, 2025 |
About the Company:
Park Medi World runs the Park Hospital chain, a leading private healthcare provider in North India. It operates 14 NABH-accredited multi-super specialty hospitals across Haryana, Delhi, Punjab, and Rajasthan, focusing on complex procedures like orthopaedics, oncology, and neurology.
Issue Size: ₹920 crore.
- Fresh Issue: ₹770 crore. The company plans to use the majority of this amount for debt repayment and funding capital expenditure for a new hospital.
- Offer for Sale (OFS): ₹150 crore, offered by promoter Dr. Ajit Gupta.
Historic Financial Data Check:
The company shows healthy growth. Its revenue from operations grew from ₹1,254.6 crores in FY23 to ₹1,393.6 crores in FY25. For the six months ended September 2025, the company reported a profit of ₹139.1 crore, marking a 23.3% increase year-on-year.
4. Exim Routes Limited (SME Issue)
| Key Dates | Details |
| IPO Launch/Start Date | December 12, 2025 |
| Last Date to Apply | December 16, 2025 |
About the Company:
Exim Routes is a technology-driven SME that operates an AI-enabled B2B platform (ERIS) for cross-border trade in recyclable materials, particularly paper and metal scrap. It connects global suppliers with Indian paper mills, managing the entire process from sourcing to logistics.
Issue Size: ₹43.73 crore.
- Fresh Issue: ₹43.73 crore (49,69,600 shares). The funds are slated for developing and maintaining its ERIS platform, funding working capital for growth, and investing in new office space.
- Offer for Sale: Nil.
Historic Financial Data Check
Exim Routes has demonstrated rapid scaling. Between FY24 and FY25, revenue grew by 67% and Profit After Tax (PAT) jumped by 80%. Its Return on Equity (ROE) stands at a robust 42.28% in FY25, indicating very strong financial performance and efficiency.
5. Ashwini Container Movers Limited (SME Issue)
| Key Dates | Details |
| IPO Launch/Start Date | December 12, 2025 |
| Last Date to Apply | December 16, 2025 |
About the Company:
Ashwini Container Movers is a logistics provider specializing in containerized cargo movement across India, primarily supporting import-export trade between factories and ports in high-volume regions like Maharashtra and Gujarat. It operates a large owned fleet of over 300 container trucks.
Issue Size: ₹71.00 crore.
- Fresh Issue: ₹71.00 crore (50,00,000 shares). The company intends to use the capital mainly for repaying/pre-paying certain borrowings (approximately 60% of the net proceeds) and funding the purchase of new trucks.
- Offer for Sale: Nil.
Historic Financial Data Check:
The company reports highly accelerated growth, though on a smaller base as an SME. Its revenue and profitability figures show dramatic increases, with revenue rising by 1112% and PAT soaring by 8212% between FY24 and FY25. This suggests a major recent turnaround or rapid expansion phase, positioning it as a growth story in the container logistics sector.